kaltbaum email

NASDAQ futures up…S&P futures hardly up. Again, I am surprised especially with Europe and Asia being strong here…then again, I told you foreign markets were acting better than ours.

 

I have no decent buy points in growth here. In fact, there were even more breakdowns yesterday. I am just happy to sit and let things bounce to short…see a follow through day and leadership to buy. So…no man’s land here. My strong advice is to watch. This will pass.

 

Last night I mentioned gold and silver stocks. Just keep an eye on AUY,SLW and the GDX. Not sure I want to play yet but on screen.